Muted market response to 12MP

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KUALA LUMPUR: The tabling of the 12th Malaysia Plan (12MP) has failed to excite investors with the FBM KLCI gaining a mere 0.06%.

Market breadth turned negative as losers overpowered the gainers on a ratio of 587-to-424 stocks. Traded volumes stood at 4.37 billion shares valued at RM2.97bil.

The Malaysian economy is expected to grow between 4.5% and 5.5% per annum, resulting in a higher GNI per capita of RM57,882 or US$14,842 in 2025. Kuala Lumpur Kepong added 26 sen to RM20.10, Petronas Chemicals rose 15 sen to RM8.26, Public Bank gained four sen to RM4.08, IHH climbed four sen and Digi advanced three sen to RM6.68.

On the broader market, MPI jumped 80 sen to RM46, DKSH added 67 sen to RM4.96, KESM rose 58 sen to RM13.14 and ViTrox advanced 32 sen to RM20.82.

 

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Angan angan

PM ISY should not over-use the *Keluarga* Concept. The Govt hardly implemented anything to reflect the seriousness in adopting the concept, but ministers fter ministers are spewing out nonsense. The PM's talked abt '30% Bumi' equity still not achieved, but why

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